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Is Bitcoin A Fraud? | Jamie Dimon CEO J P Morgan | BTC $3990

WORRR · 2017-09-13 · 유튜브 시청 1,453 · 게시판 조회 7 · 외국인

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hi guys thanks for coming back to the channel just wanted to make a quick video and regards to the interview with Jamie Dimon the CEO of JPMorgan where he pretty much codes Bitcoin a fraud that people should stay away from it and this is a very interesting interview because JP Morgan is one of the companies behind the enterprise-e Tea Room Alliance so I don't know what to make out of it what's the reason behind this you know statement that the Bitcoin is a fraud but it is a very warning statement simply because this is powerful people and they can have an effect on the price of Bitcoin and in the general population so here it is we can clearly see that Bitcoin has suffered even further under $4,000 we haven't seen in Bitcoin under $4,000 for quite some time and I'm sure the latest news in regards to China buying these the IC OS and then possibly the exchanges and now JP Morgan CEO coming well this is not helping our case but let's hear what he has to say oh wise Bitcoin a fraud yeah so separated blockchain which is a technology from Bitcoin the currency and now there are multiple currencies in and and so I'm talking about not Bitcoin % talking about currencies you know the first and the reason and I'm not saying go short cuz I know Jim challenges up for you you know Bitcoin can tell it to the other thousand dollars a Bitcoin before it goes down so there's not a advice and what you do my daughter boards in Bitcoin and went up and she thinks she's a genius now but uh but it's I did refer to like the tulip bulb crisis of the sympathy Hartley whatever but here's the reason government's the first thing they do is form a currency if they like to control the currency they controlled through a central bank they also like to know who has it where it is where it's going okay and you just sort of China just is closing down the Bitcoin exchanges and when all I ever said is that Bitcoin the bigger these things get the more governments right now they look at as a novelty you know they love in in Washington all the technology we love technology wait until someone gets hurt Wayne till is used for illicit purpose which is somewhat useful listed purposes they closed it down that's my point so it's not you can argue there is a nihilist so there's a good reason for it if you were doing if you're in Venezuela or Ecuador or North Korea you're better off probably using Bitcoin and using their currency I can't possibly be true in the United States unless you're speculator and that isn't a reason to say so much value because other people speculate that's two up and that's what I'm saying so I don't think I know like I said the other reason close downs cuz use for illicit purposes and so there's it's just not a real thing and eventually it'll be the Emperor that cause alright guys so here here at this the actual why this is short sell it's just the answer when it gets to why he thinks bitcoin but actually he said he's not saying per se the Bitcoin but it in general the cryptocurrency but well one thing is for sure that you know now Bitcoin and cryptocurrencies were so much more money and the government is definitely a much more interested and this is the reason why I was seeing governments cracking down it wanted to control him more and whatnot and simply because you know even now one Bitcoin worth four thousand dollars where you know a few days ago or a week ago whatever it was up to five thousand dollars one Bitcoin so obviously they want to know who has them what they're doing with it and all these things but it is likely that and I've said this before if it keeps growing and growing the government is gonna get more and more interested in this is the reason guys we must never forget we should never put all our eggs in one basket now I'm not saying people should start sending their bitcoins obviously you are smart enough people to decide what to do with your money and your cryptocurrency but one thing is for sure that I personally never put it all my eggs in one basket and this is why I have different investments i I have the bit connect I have Jennison mining have mining rigs I am cashing out some of my profits into fiat possibly buying gold with it and things like that because I'm looking to have diversification simply because as he said it in the video tomorrow the government just could say that's it shut it down and we could be done so its own funding games to holding and keep saying to yourself look at how much money have but we must remember that they are not money unless they are obviously converted into money because in the real world at least until until now still you know the real money is actually the actual fiat currency of course we could purchase a lot more things at these days with cryptocurrency but when it comes to purchasing houses cars and you know in general other valuable stuff it is unlikely we're gonna be able to buy it with cryptocurrency and yeah we're gonna probably gonna need fear so you're gonna definitely gonna have to watchin these guys it is in a way an alarming issue because obviously we can see more and more people talking about it it is is bringing the attention of obviously the governments around the world I'm sure soon they're gonna start popping up lows and things to control it even further than they are right now and yeah what can I tell you it is it's a reminder never to put all our eggs in one basket possibly invest in different things and not just holding cryptocurrency and possibly cash out some into fiat at least guys if you have investments like myself did what I must my personal goals to you at certain point at least get my investments back make sure I get my you know my hard-earned money which I've invested into you know problems into mining rigs and whatnot get them back into my bank account because it's a hard earned money I've learned somewhere else although I've learnt quite a lot and you know doing cryptocurrency but still it was a value I invested which I hadn't so I was looking at as I'm being worked in fear I'm trying to get this money back into my bank accounts as a fiat once I get everything and I'm happy with the you know the money I've got back that point probably I'll start holding you know much more than what I'm holding right now into actual cryptocurrencies simply because as we can see anything could happen guys you know governments are so powerful that anything could happen you know we make a tomorrow suddenly we can't sell Bitcoin anymore or we may have to go through hoops to sell a or possibly you know pay 50% of what it's worth you being able to cash out or what not so it's an interesting video I'll put a link in the description you can go and check you out but if you put as you can see JP Morgan Bitcoin fraud there's so many videos of it that is coming out obviously with the statements but this I think is the main video and it's the short videos we've seen you can watch it it is disappointing because again as I said this is the same JP Morgan the backing of the Aikido enterprise and all these things and to come up with a statement like this this is a powerful man I mean it could be some people not know me who JP Morgan is but that is a powerful bank Bailey you know they they have a lot of influence and when it comes to the you know to the money so let's see how this is gonna affect us people who are involved with cryptocurrency trying to change our life let me know what's your opinion on it down below and if you heard by the way what he was talking about the tulip there was something back in the days where there was that - the tulip worth so much money but they need people realizes what nothing so you know a lot of people lost a lot of money so just put the tulip let's see tulip fever let's say was a fever - you guys know and what I had to do something with tulip money let's say could cure it money I don't know I don't remember exactly we'll see back in the days the fever the bubble the tulip money how there it is the tulip on many and so that's what he was referring to when he was talking about Bitcoin I think obviously you know Bitcoin has much more valued in the tulip and I'm not quite sure why they always refer him back to the children money but simply because you know it was a bubble where you know it went being worth so much money and then all the selling was worth nothing people lost so much money into it but shoulda beena have any purpose really but hey they have I put a link in the description to this one as well you can come read if you haven't ever read about it thanks for watching guys so yeah let me know what do you think is the guy actually right Bitcoin as a fraud is Bitcoin the real deal we can all learn from each other thank you for watching guys I hope you enjoyed this video if you want feel free to subscribe if you haven't already and I'll see you in the next video bye bye

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